Updates

As the American Health Care Act (AHCA) has not been signed into law yet, the Affordable Care Act (ACA) is still in effect and the IRS is currently issuing notices to large employers to disclose whether they complied with the ACA reporting duties or not.
Large employer ACA reporting was required for 2015 and 2016...

In Revenue Procedure 2017-36, the IRS announced that for plan years beginning in 2018, employer-sponsored health plan coverage will be considered affordable if the employee’s required contribution for self-only coverage does not exceed 9.56% of the employee’s household income for the year (down from...

Applies to: Self-Insured Health Plans, including HRAs & FSAs
In Notice 2016-64, the IRS provided that the PCORI fee (Patient-Centered Outcomes Research Institute fee) also called the CER fee (Comparative Effectiveness Research Fee) for plan years ending on or after October 1, 2016, and before October 1,...

With IRS Rev. Proc. 2017-37, the IRS provided several new increases to various categories that individuals and families may elect into a Health Savings Account (HSA) if they have a compatible High Deductible Health Plan (HDHP).
For 2018, the annual contribution limitation for a person with self-only coverage...

On May 4, 2017, the House of Representatives narrowly passed the American Health Care Act (AHCA) by a vote of 217 to 213. This was a big step for House Republicans in fulfilling President Trump’s campaign promise to repeal the Affordable Care Act (ACA). The bill must also pass in the Senate for it to become...